Illinois Road And Transportaton Builders Association is located in Itasca, IL. The organization was established in 1941. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Illinois Road And Transportaton Builders Association employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Road And Transportaton Builders Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Illinois Road And Transportaton Builders Association generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCEMENT OF THE ROAD AND TRANSPORTATION INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP SERVICES FOR THE ADVANCEMENT OF THE ROAD AND TRANSPORTATION INDUSTRY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael J Sturino Secretary | OfficerTrustee | 40 | $283,073 |
Julie Wrightsman Chairman-Elect | OfficerTrustee | 2 | $0 |
Mark Barkowski Immediate Past Chair | OfficerTrustee | 2 | $0 |
Julie Berger Chamberlin Treasurer | OfficerTrustee | 2 | $0 |
John Kapovich Jr Chairman | OfficerTrustee | 2 | $0 |
Frank Cabello Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $918,967 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $918,967 |
Total Program Service Revenue | $308,424 |
Investment income | $61,979 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $162,088 |
Net Income from Fundraising Events | $218,685 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,811,818 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $283,073 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $180,736 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $141,241 |
Payroll taxes | $28,378 |
Fees for services: Management | $0 |
Fees for services: Legal | $198,395 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $13,785 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $34,940 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $114,388 |
Travel | $4,468 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,010 |
Insurance | $6,627 |
All other expenses | $118,216 |
Total functional expenses | $1,566,857 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,462,999 |
Savings and temporary cash investments | $23,154 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $120,039 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $2,618 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $2,863,850 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,472,660 |
Accounts payable and accrued expenses | $10,015 |
Grants payable | $0 |
Deferred revenue | $874,271 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $884,286 |
Net assets without donor restrictions | $3,588,374 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $4,472,660 |